JPMorgan Chase & Co. Purchases 4,022,038 Shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB)

JPMorgan Chase & Co. lifted its holdings in Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,695,639 shares of the company’s stock after acquiring an additional 4,022,038 shares during the quarter. JPMorgan Chase & Co. owned approximately 12.32% of Vanguard Tax-Exempt Bond ETF worth $3,945,012,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Tax-Exempt Bond ETF in the third quarter worth about $29,000. Advantage Trust Co acquired a new stake in shares of Vanguard Tax-Exempt Bond ETF in the fourth quarter valued at approximately $42,000. Cromwell Holdings LLC bought a new position in Vanguard Tax-Exempt Bond ETF in the 4th quarter worth approximately $48,000. Millstone Evans Group LLC acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $57,000. Finally, Peterson Wealth Services acquired a new position in Vanguard Tax-Exempt Bond ETF during the 4th quarter worth $80,000.

Vanguard Tax-Exempt Bond ETF Price Performance

NYSEARCA VTEB opened at $49.39 on Thursday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $49.36 and a 52 week high of $51.17. The stock has a fifty day moving average of $50.08 and a 200-day moving average of $50.39.

Vanguard Tax-Exempt Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1317 dividend. This is a positive change from Vanguard Tax-Exempt Bond ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

Vanguard Tax-Exempt Bond ETF Profile

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.